Baltic Index Sees Best Quarter in Three on Gains for Larger Vessels

Home Community Industry News Baltic Index Sees Best Quarter in Three on Gains for Larger Vessels

  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #5913
    Greensea Systems
    Keymaster

    The Baltic Exchange’s main sea freight index posted its biggest quarterly rise since June 2020 on Friday, propelled by strong gains for larger vessels, with the panamax segment marking its best quarter in over six years on robust U.S. grain exports.

    The Baltic dry index, which tracks rates for capesize, panamax, and supramax vessels, lost 57 points, or 2.7%, to 2,046 on Friday.

    But the index gained more than 20% for the month and nearly 50% for the quarter.

    The capesize index edged down 7 points, or 0.3%, to 2,210, having gained nearly 50% in March.

    For the quarter, the index registered a gain of over 10%.

    Read more by visiting MarineLink.com

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.

Greensea Systems, Inc.

10 East Main Street :: PO Box 959 :: Richmond, VT 05477 :: USA
802.434.6080 :: info@greensea.com
www.greensea.com

Subscribe to our Briefing for News, Updates, and Product Enhancements

Subscribe to our Briefing for News, Updates, and Product Enhancements





    Holler Box